Business Summary: Motor Oil Hellas Corinth Refineries SA (Motor Oil Ellas Diylistiria Korinthou AE) is a Greece-based company, which operates in the oil sector with its main activities being oil refining and oil products trading. The Company operates within multiple business segments: Refinery’s Activities, Trading/Sales to Gas Stations and Services. It processes crude oils of various characteristics and produces a range of petroleum products serving petroleum marketing companies in Greece and abroad. Apart from fuels, the Company is also a lubricants producer and packager in Greece. Motor Oil Hellas Corinth Refineries SA’s subsidiaries include: Avin Oil Industrial, Commercial & Maritime Oil Company SA, Coral Gas Commercial and Industrial Gas Company, Coral AE Oil and Chemicals Company, LPC SA Processing & Trading of Lubricants & Petroleum Products, Motor Oil Cyprus Ltd, Motor Oil Finance PLC, and Building Facility Services AE.
Financial Summary: BRIEF: For the three months ended 31 March 2025, Motor Oil Hellas Corinth Refineries SA revenues decreased 10% to EUR2.68B. Net income decreased 56% to EUR84.6M. Revenues reflect Refinery segment decrease of 22% to EUR1.29B. Net income also reflects Refinery segment income decrease of 55% to EUR115.6M, Electricity and Natural Gas segment income decrease of 89% to EUR2.7M, Eliminations segment loss totaling EUR618K vs. income of EUR70K.